Octagon says cars being built for the series include two Mitsubishi Magnas in Sydney and a new VT Commodore for Peter Brock's son James, who won his first race at Bathurst last year in a Holden V8.

CAMS Chief Executive Peter Hansen said: "We are pleased that the new category includes at least four manufacturers from the outset and that this is a strictly controlled category with a control engine and standard road version aerodynamics.

"We are working our way through the technical regulations and I will have a full recommendation to the Board of CAMS at its meeting next week."

The Future Tourers will compete on the same eight-round national program as the BOC Gases Australian Super Touring Car Championship (which will start at Sydney's Oran Park circuit on May 28).

Plans are being made to have the Future Tourers compete in Macau along side a contingent of Australian Super Tourers at the annual race meeting there in November.

The organisers claim a new Future Tourer can be built for between $80,000 and $100,000.